Filing Flows › SideChannel (SDCH) › Q2 FY26
SideChannel (SDCH) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 12, 2026
SideChannel (SDCH) reported revenue of $1.6M for the second quarter fiscal 2026 (Q2 FY26), -17% from a year earlier and -11% from the quarter before. Operating margin was -28.4%, net loss $444K (28.2% of revenue).
SideChannel, Q2 FY26: revenue $1.6M (-17% year over year), operating margin -28.4%, net loss $444K, operating cash flow −$284K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | -11% | -17% |
| Operating profit | −$448K | — | — |
| Net earnings | −$444K | — | — |
| Operating cash flow | −$284K | — | — |
What changed
Revenue was $1.6M in Q2 FY26, down 17% year over year and down 11% from the previous quarter.
Gross margin was 53.5%, up 3.8 points from Q2 FY25. Operating costs exceeded revenue by $448K, an operating margin of -28.4%. Operating expenses grew 29% against a revenue fall of 17%. The fastest-growing cost line was Sales & marketing (+71%). The quarter ended with a net loss of $444K, wider than the previous quarter's $396K loss.
Operating cash flow was −$284K. Non-cash charges added back $4K of depreciation and amortization and $91K of share-based compensation. Working capital and other items added $65K.
Questions
What was SideChannel's revenue in the second quarter fiscal 2026?
SideChannel (SDCH) reported revenue of $1.6M for the second quarter fiscal 2026 (Q2 FY26), -17% from a year earlier and -11% from the quarter before.
Was SideChannel profitable in the second quarter fiscal 2026?
Operating loss was $448K (-28.4% of revenue) and net loss $444K.
Source: SideChannel 10-Q on SEC EDGAR.